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Improved fraud prevention with Radar 2.0

stripe.com

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Re: Improved fraud prevention with Radar 2.0

#2
Engineering manager for Stripe Radar here. Today’s update has been almost a year in the making and we’re excited to help Stripe businesses fight fraud more effectively. Here's more on what's new: https://stripe.com/blog/radar-2018

I (and the entire Radar team) are on hand to answer any questions you may have!

Re: Improved fraud prevention with Radar 2.0

#5
It is really cool that Stripe is building Radar, we wanted to use https://siftscience.com for something similar, but they went all corporate, and changed their pricing model before we could implement, so instead of them charging per "transaction" or user action, you now had to pay a minimum of $1000 per month for their smallest offering.

Re: Improved fraud prevention with Radar 2.0

#7
post #5

It is really cool that Stripe is building Radar, we wanted to use https://siftscience.com for something similar, but they went all corporate, and changed their pricing model before we could implement, so instead of them charging per "transaction" or user action, you now had to pay a minimum of $1000 per month for their smallest offering.

I'm seriously hoping this will make SiftScience reconsider their pricing, but more importantly their handling of customers on legacy plans. Grandfathering? Anyone?

This is a big win for Stripe. Sift is bullying customers into a minimum of 1,000 USD regardless of previous volume or history.

We were in the 10k orders per month around 250 USD with Sift. Now get kicked in the teeth with the minimum 1,000 USD and no real additional value. Not cool.

You know what's cool? Stripe's decision to not charge anyone who was a Stripe Radar user before today. Kudos.

It must be said that Sift does not only apply to Credit Card fraud and has many verticals (content abuse, ecomm, etc), but I think the big stuff is definitely on the chargeback and fraud prevention.

Re: Improved fraud prevention with Radar 2.0

#9
post #2

Engineering manager for Stripe Radar here. Today’s update has been almost a year in the making and we’re excited to help Stripe businesses fight fraud more effectively. Here's more on what's new: https://stripe.com/blog/radar-2018 I (and the entire Radar team) are on hand to answer any questions you may have!

Thanks! We've updated the submission to use this link (from http://stripe.com/radar).

Re: Improved fraud prevention with Radar 2.0

#10
post #2

Engineering manager for Stripe Radar here. Today’s update has been almost a year in the making and we’re excited to help Stripe businesses fight fraud more effectively. Here's more on what's new: https://stripe.com/blog/radar-2018 I (and the entire Radar team) are on hand to answer any questions you may have!

Are you allowed to share what tech stack you use? e.g. TensorFlow, Spark or ...
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